Acquisition of properties not subject to the LFAIE, renovation, administration and management of real estate, management of hotels, restaurants and campsites; the company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, grant loans, in particular to shareholders, acquire or establish similar or similar companies, acquire or sell properties, except for operations prohibited by the LFAIE, and carry out all functions that are intended to develop the purpose of the company or have a direct or indirect connection with its object, as well as all financial and real estate transactions related thereto.